Medical Billing Software Mastery

Medical Billing Software can make a big difference to a practice.  Managing patient records better means managing patient billing better.

Save Money And Speed Up Payments With eStatements

AdvancedMD^® offers patient statement services for just a few cents more than a stamp. With just a few keyboard strokes, your statements are automatically printed, stuffed, addressed, stamped, and mailed. When it's so easy to generate statements, you can do them daily, instead of monthly, which typically improves collection time by more than 10 days. This collections improvement can result in a one-time $5,000 collections bonus for a small three provider practice.

Reduce Labor Costs

In addition to quicker turnaround time on medical billing, the practice saves labor costs for printing, sorting, stuffing, addressing and mailing, not to mention the cost of stationary, envelopes, and address labels. For just pennies more than the cost of a first class postage stamp, we will handle all that for you, resulting in a significant savings. For a small three-provider practice, this typically results in savings of more than $2,000 per year.

Easy Control Over Patient Billing

Patient statement features allow you to set up parameters that control when patients receive statements and what should be on those statements, including responsible party, statement format and much more.

Automated Collections Tools

The AdvancedMD^® Collections module greatly increases the productivity of collectors, which means money in your pocket. The Collections function will automatically create customizable work lists from collections reports. These work lists can be sorted in any way you choose-so you determine which collections have priority, such as highest outstanding balances, specific aging dates or specific carriers.

With work lists defined, the medical billing manager then assigns the appropriate work lists to the appropriate collectors. When the collectors log in, they have their work list at their fingertips. Time wasted sorting through paper reports and selecting accounts to work goes away, the right collectors will work the right accounts. Patients are automatically tracked throughout the collections process. When a collector performs an action, such as a phone call or sending an automated letter, the action is recorded with the recommended follow-up action. The collector will automatically get a reminder on the follow-up date. Imagine what that kind of efficiency can do for your office!